CSEF

Sydney crowdfunding platform StartSomeGood has announced a new partnership with Western Australia non-for-profit Impact Seed to stimulate the social enterprise ecosystem in Australia. The partnership will focus on helping social businesses harness the power of crowdfunding and explore new markets and opportunities.

With the debate over the Government’s changes to equity crowdfunding legislation dying down during the election campaign, VentureCrowd has been exercising its might as a provider of alternative financing solutions for organisations outside the startup and tech spheres, announcing it has raised $1.7 million for property developer Clearstate through its VentureCrowd Property offering.

Sydney fintech startup Equitise, which opens up equity crowdfunding investment opportunities to both the Australian and New Zealand startup ecosystems, is raising NZ$2 million for Australian compression sportswear company SKINS as part of a larger $8 million round to be raised in conjunction with UK platform Seedrs.

Yesterday the office of Senator Stephen Conroy issued a joint press release along with Minister Greg Combet and Assistant Treasurer David Bradbury announcing two reviews that they have said will be to support Australia’s growing industry of digital innovation.